Name: 30 MCX technical.jpg Views: 209 Size: 21.0 KB

We might see profit coming in the crude prices as British parliament rejected a military intervention in Syria. Uncertainty surrounds whether US will attack on Syria. However, news of possible military action against Syria can boost crude prices, so stay cautious. Our view on precious metals remain neutral as we might see some profit booking coming in after it rallied more than 30% from year’s low. We are mildly bearish to neutral on base metals and there is a good opportunity to go short on every rally.

Source: Finvasia Research